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Upscale Lounge - $1,000,000+ Cash Flow (currently operating).............$2,100,000 plus inventory

Chicago Suburbs - Includes: The Entire Business, All Equipment & All Fixtures.

SOLDHere is an opportunity you won't find anywhere else, for a number of reasons:

1) The annual cash flow is OVER $1,000,000
2) The owners are only asking 2 x cash flow
3) The business is located in a Very Desirable Location
4) The lease is good for 15 more years and the rent is VERY CHEAP
5) The sales are over $2,100,000 with little or no advertising
6) Late night liquor license on the weekends
7) Very popular hot spot with a full kitchen
8) Recently remodeled with 2 private/VIP rooms
9) The owners will finance a portion of the sale price for a financially qualified and experienced buyer
10) Over 8,200 square feet of space with 3 bars

Asking Price: $2,100,000.00 plus inventory                        
Gross annual sales (approximately): Over $2,100,000.00
Cash flow or net (approximately):
Over $1,000,000.00
Value of furniture, fixtures & equipment (approximately):
$500,000.00
Value of inventory (approximately): $50,000.00 (Not Included in Asking Price)
Value of real estate (approximately): Not Included
Building, Lease details (approximately): The Rent Amount is actually less than 5% of gross sales which is extremely rare! Rent is approximately $8,960 a month and Taxes are included. Lease expires in 2022. The space is approximately 8,200 square feet. Plenty of parking is available around this night club.
Seller Financing: Owner will finance a portion of this sale for a financially qualified and experienced buyer.
Contact: Dennis, info@abausa.com , American Business Acquisitions, Inc. 312-360-1955

Note: In order to get the name and location of the Lounge, you must be willing to fill out a Confidentiality Agreement & Personal Financial Statement


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